3.What is Oracle Ebis release
12.1.1, what are the key points in this release?

Ans. Oracle Ebis release 12.1.1 is the
new release by oracle which has been introduced in May 2009 for download.
R12.1.1 focuses on both Rapid Install (RI) and Maintenance Pack options (MP).

Rapid Install (RI): It is used to create a new
environment for Oracle Ebis release 12.1.1. It allows upgrading from EBS
11.5.9, 11.5.10, 11.5.10.CU1, and 11.5.10.CU2 to 12.1.1, i.e. from R11i, we can
use R12.1 RI from the software delivery cloud simply by following instructions
from the “Upgrade Guide: 11i to 12.1” and “12.1.1Release notes”. Maintenance Pack (MP): It is used to
upgrade an existing Oracle E-Business Suite Release 12.0.x environment to
12.1.1.For e.g. If we are on R12.0.X, we can use R12.1 MP (7303030) from My
Oracle Support (MOS) to upgrade it, simply by following instructions from
“R12.1 Maintenance Pack Install Instructions (752619.1)”.

7). Enhancement in the
some of the key features of the R12.1 which include an integrated talent
management solution with enhancements to Recruiting, Succession Planning, and
Performance and Learning Management.